HC Deb 06 July 1992 vol 211 cc29-30W
Mr. Morgan

To ask the President of the Board of Trade what proposals he has to strengthen present pyramid selling regulations in the Fair Trading Act 1973 to ensure that(a) promoting companies are able to fulfil their legal obligation to refund money, where participants exercise their rights of resignation and refund and (b) participants may not be subjected to mandatory standing order or fixed payment schemes; and if he will make a statement.

Mr. Leigh

[holding answer 29 June 1992]: My Department has received a number of representations from hon. Members on behalf of members of the multi level marketing industry which raise the same matters as the hon. Gentleman. As yet, I am unconvinced that there is need for revision of the legislation.